Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
This paper examines trade policies in Peru and Argentina since the reforms of the 1990s. Peru provides a valuable example of sustaining reform. Leaders have used negotiations and other international instruments to disseminate among Peruvians a posi...
| Main Authors: | , , , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/09/18270495/sustaining-trade-reform-institutional-lessons-peru-argentina http://hdl.handle.net/10986/16838 |
| Summary: | This paper examines trade policies in
Peru and Argentina since the reforms of the 1990s. Peru
provides a valuable example of sustaining reform. Leaders
have used negotiations and other international instruments
to disseminate among Peruvians a positive vision of Peru in
the international economy and to extend the application of
World Trade Organization-based governance principles. Peru
has introduced few new restrictions and all of them have
been through World Trade Organization-sanctioned policy
instruments. Argentina, by contrast, has introduced multiple
restrictions, through procedures that eschew World Trade
Organization governance principles. Moreover, leaders there
have returned trade politics to the dependencia philosophy
that sees the international economy as an exploitive
environment. The paper brings out the weakness of
international obligations to limit Argentina's return
to import substitution and the pains at which Peru has gone
to maintain the management of its economy within the same
rules that Argentina has so easily violated. |
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